$485,700
- 4 Beds
- 2 Baths
- 1,548 sqft (on 0.25 acres)
1038 E Flake Dr, Palatine, IL 60074
Est. Refi. Payment $3,560/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 28, 2022 for $399,000
Home Value
Trulia Estimate
$486KSince last month
Decreased$6K (-1.2%)Since last year
Increased$15K (+3.2%)Since last sale
Increased$86K (+21.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +70% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $485K |
| September 2026 | $485K |
| August 2026 | $491K |
| July 2026 | $503K |
| June 2026 | $506K |
| May 2026 | $498K |
| April 2026 | $493K |
| March 2026 | $485K |
| February 2026 | $466K |
| January 2026 | $460K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $419,000 | 07/10/26 | 4 | 1.5 | 1,248 | |
0.26 | Single-Family Home | $435,000 | 05/04/26 | 4 | 2 | 1,853 | |
0.14 | Single-Family Home | $350,000 | 08/21/26 | 3 | 2 | 1,397 | |
0.13 | Single-Family Home | $456,000 | 08/14/26 | 3 | 2 | 1,950 | |
0.19 | Single-Family Home | $442,500 | 12/01/25 | 3 | 2 | 1,248 | |
0.27 | Single-Family Home | $410,000 | 09/30/26 | 3 | 2 | 1,397 | |
0.26 | Single-Family Home | $460,000 | 05/27/26 | 3 | 2 | 1,700 | |
0.28 | Single-Family Home | $370,000 | 11/04/25 | 5 | 2 | 1,248 | |
0.34 | Single-Family Home | $460,000 | 08/03/26 | 4 | 2 | 1,790 | |
0.31 | Single-Family Home | $390,000 | 11/12/25 | 3 | 2 | 1,553 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $434,000 | 3 | 3 | 1,521 | Off Market | |
0.02 | $366,900 | 3 | 2 | 1,248 | Off Market | |
0.03 | $430,300 | 3 | 2 | 1,248 | Off Market | |
0.03 | $472,500 | 4 | 2.5 | 1,521 | Off Market | |
0.03 | $366,000 | 3 | 2 | 1,248 | Off Market | |
0.03 | $411,900 | 3 | 3 | 1,843 | Off Market | |
0.03 | $482,000 | 4 | 3 | 1,985 | Off Market | |
0.04 | $426,500 | 3 | 2 | 1,590 | Off Market | |
0.04 | $495,400 | 4 | 2 | 1,248 | Off Market | |
0.04 | $463,600 | 3 | 2 | 1,590 | Off Market | |
0.04 | $371,000 | 4 | 2 | 1,248 | Off Market | |
0.04 | $394,100 | 3 | 2 | 1,248 | Off Market | |
0.04 | $469,600 | 3 | 2.5 | 1,909 | Off Market | |
0.05 | $440,300 | 4 | 3 | 1,521 | Off Market | |
0.05 | $468,200 | 4 | 1.5 | 2,049 | Off Market | |
0.05 | $468,700 | 4 | 2 | 1,948 | Off Market | |
0.05 | $389,200 | 3 | 2 | 1,248 | Off Market | |
0.05 | $429,200 | 3 | 2 | 1,201 | Off Market | |
0.05 | $429,400 | 3 | 2 | 1,590 | Off Market | |
0.06 | $475,000 | 4 | 2.5 | 2,649 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1966
0.25 acre lot
1,548 sqft
$314/sqft
Garage
About this House
What's unique:Upper deckCeramic tile hall bathSpacious corner fenced yardSeveral lightsUnique sun room additionPaver brick patio
PICTURE PERFECT CHARM in this lovely home situated in a park like setting. The addition off the kitchen shines bright with windows and sunlight along every wall! It opens the kitchen allowing for an amazing eating area or additional family center that makes this raised ranch unique and unlike any on the market today! Upgrades include granite kitchen counters, new built-in wall oven, newly refinished hardwood in all the bedrooms and living room and the lower level! Don't forget to enjoy the finished lower level with built-ins, crown molding, decorative trim and...an extra bedroom! Easy access to the expressways.
1038 E Flake Dr, Palatine, IL 60074 is a 4 bedroom, 2 bathroom, 1,548 sqft single-family home built in 1966. It last sold for $399,000 on Jul 28, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $485,700, with a rent estimate of $3,243/month.
Home Details for 1038 E Flake Dr
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Interior Details BasementAtticNumber of Rooms: 6Types of Rooms: Breakfast Nook, Dining Room, Family Room, Sun RoomCeiling Fan |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet, Hardwood |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Jetted Bath Tub |
Security Security System |
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Exterior Home Features Roof: AsphaltDeckExterior: Vinyl, BrickLawnPatio |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1966Year Updated: 1982 |
Property Type / Style Property Type: Single Family HomeArchitecture: Split-level |
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Units in Building: 1 |
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Lot Area: 10785 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 28, 2022 Source: MRED as distributed by MLS GRID #11428139 | Sold | $399,000 |
Jul 17, 2022 Source: MRED as distributed by MLS GRID #11428139 | Pending | $398,900 |
Jul 17, 2022 Source: MRED as distributed by MLS GRID #11428139 | ListingRemoved | |
Jun 14, 2022 Source: MRED as distributed by MLS GRID #11428139 | Contingent | $398,900 |
Jun 8, 2022 Source: MRED as distributed by MLS GRID #11428139 | Listed For Sale | $398,900 |
Aug 25, 2017 Source: MRED as distributed by MLS GRID #09670615 | Sold | $306,400 |
Jul 11, 2017 Source: Agent Provided | Pending | $314,900 |
Jun 25, 2017 Source: Agent Provided | Listed For Sale | $314,900 |
Sep 21, 2015 Source: N/A | Sold | $280,000 |
Aug 24, 2015 Source: Agent Provided | Pending | $284,000 |
Aug 16, 2015 Source: Agent Provided | PriceChange | $284,000 Price decreased by 2% |
Aug 1, 2015 Source: Agent Provided | PriceChange | $289,500 Price decreased by 2% |
Jul 23, 2015 Source: Agent Provided | PriceChange | $294,900 Price decreased by 1% |
Jun 24, 2015 Source: Agent Provided | Listed For Sale | $299,000 |
Jun 2, 1999 Source: N/A | Sold | $205,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | Unavailable | $330,000 |
Home facts updated by county records
Market trends in Palatine
Last updated August 2026
Avg. sale price
$393K
$20.33KMoM
Sale-to-List Price
100.7%
Price per sq ft
$246
$0MoM
Available listings
197
23MoM
Around this home
What Locals Say about Palatine
At least 542 Trulia users voted on each feature.
91 % Say it's dog friendly
84 % Say car is needed
79 % Say parking is easy
78 % Say there are sidewalks
74 % Say there's holiday spirit
73 % Say kids play outside
68 % Say it's quiet
67 % Say people would walk alone at night
63 % Say there's wildlife
63 % Say streets are well-lit
61 % Say yards are well-kept
57 % Say it's walkable to restaurants
57 % Say it's walkable to grocery stores
52 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1038 E Flake Dr
- What is 1038 E Flake Dr estimated to be worth?Trulia's estimated value for 1038 E Flake Dr in Palatine, IL is $485,700.
- What is the price history for 1038 E Flake Dr?1038 E Flake Dr in Palatine, IL last sold for $399,000 in July 2022.
- Is Palatine a buyer's or seller's market?Palatine is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Palatine?The median sale price in Palatine is $393K. That is up $20.33K from the prior month.
- Does 1038 E Flake Dr have air conditioning?Yes, 1038 E Flake Dr in Palatine, IL has air conditioning.
- Does 1038 E Flake Dr have laundry facilities?Yes, 1038 E Flake Dr in Palatine, IL has in-unit laundry.

